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Price of Electricity Hit Record for May
CNSNews ^ | June 17, 2014 | Terence P. Jeffrey

Posted on 06/17/2014 12:04:32 PM PDT by george76

The electricity price index and the average price for a kilowatthour (KWH) of electricity both hit records for May, according to data released today by the Bureau of Labor Statistics.

The average price for a KWH hit 13.6 cents during the month, up about 3.8 percent from 13.1 cents in May 2013.

The seasonally adjusted electricity price index rose from 201.431 in May 2013 to 208.655 in May 2014—an increase of about 3.6 percent.

...

Per capita production of electricity in the United States peaked in 2007. Since then it has generally been on downward trend. In 2013, the U.S. produced less electricity per person than it did 1996.

(Excerpt) Read more at cnsnews.com ...


TOPICS: Business/Economy; Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: electricity; energy; food; inflation; obamafail; obamanomics; prices

1 posted on 06/17/2014 12:04:32 PM PDT by george76
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To: george76

Thank you Barack Obama! You A$$hole!


2 posted on 06/17/2014 12:05:12 PM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: george76

Sounds like they will be instituting some additional public aid program to help the poor people pay their electric bills. We can’t allow them to suffer like this.


3 posted on 06/17/2014 12:08:28 PM PDT by NEMDF
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To: george76

‘Under my plan, electricity prices would necessarily skyrocket’

-Barak Obama 2008


4 posted on 06/17/2014 12:08:37 PM PDT by rdcbn
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To: george76

No surprise here. The regime is filled with green environmental freaks from the State Department to DOD who are de-industrialzing America. Look at our pathetic Energy Dept. website:

http://www.energy.gov


5 posted on 06/17/2014 12:14:50 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: rdcbn

0bama talked about “fundamentally transforming America.” The brain-dead dolts who comprise 53% of the population never asked “into what?”

But those of us who paid attention and listened to the “necessarily skyrocket” type statements knew exactly what he intended to transform America into.


6 posted on 06/17/2014 12:15:30 PM PDT by henkster (Do I really need a sarcasm tag?)
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To: rdcbn

That can’t be repeated enough. This is part of Obama’s plans for us.


7 posted on 06/17/2014 12:16:33 PM PDT by RedMDer (May we always be happy and may our enemies always know it. - Sarah Palin, 10-18-2010)
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To: george76

Isn’t a bit odd that our government does not include the price of energy nor of that of food when it calculates inflation?


8 posted on 06/17/2014 12:19:28 PM PDT by fella ("As it was before Noah so shall it be again,")
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To: fella

Easier to trick the low information fools.


9 posted on 06/17/2014 12:25:55 PM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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